Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Groveoak area can be challenging. Home prices in Groveoak are now at a median cost of $156,089, lower than the Alabama average of $185,232.
The average cost of rent is $656/mo in Groveoak, primarily driven by the current value of real estate in the Groveoak area. While nearly 74.06% of residents own their homes outright in Groveoak, 26.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Groveoak is $3,665 per month. Households that rent pay about 17.91% of their income on rent here. Groveoak's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Geraldine, AL: less expensive homes
- Whiton, AL: less expensive homes
- Fyffe, AL: less expensive homes
- Langston, AL: higher priced homes
- Section, AL: less expensive homes
- Dawson, AL: less expensive homes
- Shiloh, AL: less expensive homes
- Powells Crossroads, AL: less expensive homes
- Powell, AL: less expensive homes
- Rainsville, AL: equally priced homes
Cities with Similar Populations
- Quartz, CA: higher priced homes
- Misenheimer, NC: equally priced homes
- Mize, GA: equally priced homes
- Morley, NY: less expensive homes
- Mount Vision, NY: equally priced homes
- Naplate, IL: higher priced homes
- Negreet, LA: equally priced homes
- Neola, PA: higher priced homes
- Neola, UT: higher priced homes
- New Martinsburg, OH: equally priced homes
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